Post
Topic
Board Trading Discussion
Re: The recent Bitcoin Doji "Death Candle" - Your thoughts?
by
Twinkledoe
on 06/06/2019, 21:08:53 UTC
When it comes to technical analysis, stocks and money market traders are experts on this chart analysis. I don't really believe all the predictions and chart or technical analysis of many so-called trading experts. I have been in bitcoin many years already and all I can say is that bitcoin has its own movement and most of the time experts opinion and technical analysis does not happen.

With the price volatility highly involved in bitcoin movement, technical analysis doesn't work most of the time if you apply them. But still, being knowledgeable with TA will help you guide in some trading transactions. But don't expect that you can always rely on your analysis.